Corporate governance

Northern FCU here has altered its pricing structure, eliminating more than half of the fees members can be charged.

BETHPAGE, N.Y. -- Bethpage FCU, New York’s largest credit union, announced this morning it is partnering with Long Island Press, one of the nation’s largest weekly newspapers, for the award-winning Best Of Long Island competition, naming best restaurants, best beaches, and best local brands, among other things.

GROTON, Conn. – Ledge Light FCU, the credit union for Pfizer pharmaceuticals, is changing its name to Scient and branching out to become a national brand among life science workers.

NEW BERLIN, Wis. –In the latest deal of its kind, Landmark CU has agreed to acquire Hartford (Wis.) Savings Bank, a troubled $190 million institution.

BREA, Calif. – Credit Union of Southern California has completed its third merger in just 63 days, an unprecedented pace in this era of merger-mania.

ST. LOUIS – St. Louis Community CU has reached agreement with Central Bank of Kansas City engineered by the local chapter of the NAACP to buy the former Gateway Bank branch, which was the first and only minority-owned-and-managed financial institution in St. Louis for many years.

SAN JOSE, Calif. – Technology CU announced this evening that members overwhelmingly voted down a proposal to convert the $1.6 billion credit union to a mutual savings bank, which would have been the biggest credit union conversion ever.

WATERTOWN, N.Y. – Northern FCU on Tuesday said it is eliminating fees on check-cashing, incoming wire transfers and account balance reconciliations, and cutting other fees on money orders and deposited checks returned unpaid.

DENVER – Partner Colorado CU has been chosen to receive free consultations from some of the Denver area’s biggest and most successful brands, including the Denver Broncos, Chipotle, Comcast, Frontier Airlines, RE/MAX, and Vail Resorts, on how to get the most out of its social media marketing as part of the SMB Social Media Makeover Forum.

COLUMBUS, Ohio – Three local credit unions; Members First CU, Powerco CU and Western CU have completed a rare three-combination to form a new $190 million credit union called Pathways Financial CU.

Representatives from eight credit unions throughout Middle Tennessee have created a group that is working to continue the momentum created by Bank Transfer Day.

As banks and credit unions explore ways to create new revenue streams, a new Aite Group report indicates the daily deals market could generate over $1.4 billion in revenue for FIs on more than 300 million transactions by 2017.

VIRGINIA BEACH, Va. – Chartway FCU’s We Promise Foundation, which provides funding for children battling life-threatening illnesses, has raised $750,000 so far in 2012.

WESTFORD, Mass. – Jeanne D’Arc CU has vacated its branch in Nashoba Valley Technical High School after ten years and is being replaced there by Lowell Five Cent Savings Bank.

SAN JOSE, Calif. – Members of Tech CU were scheduled to meet in a special meeting last night to debate and vote the $1.6 billion credit union’s conversion to a mutual savings bank, the biggest credit union conversion to date.

TINTON FALLS, N.J. -- With two weeks still left in United Teletech Financial FCU’ Million Dollar Community Challenge, the $1 million dollar goal has been reached.

ALEXANDRIA, Va. – Pentagon FCU announced this morning it has returned its investment services program to CUSO Financial Services, L.P., after a year-and-a-half hiatus.

OGDEN Utah -- America First CU has teamed up with The Sweet Tooth Fairy Bake Shops to create a signature treat for "Cupcake Friday" events.

HARRISBURG, Penn. – Credit union member and potential members are invited to compete for Philadelphia Eagles or Pittsburgh Steelers tickets, as well as a travel grill, tailgating chair, fan gear, and iBelong logo wear, as part of the Pennsylvania CU Association’s iBelong Tailgating promotion being kicked off this morning in the Altoona/Johnstown and Berks/Lehigh Valley media markets.

May Get Rid of Overdraft Product